GDDY Insider Sale: COO Roger Chen Disposes 1,000 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
GoDaddy Inc. insider filing: Roger Chen, Chief Operating Officer, reported a sale of 1,000 shares of Class A common stock on 09/15/2025 at a price of $145.71 per share under a pre-established 10b5-1 trading plan. After the sale, Mr. Chen beneficially owned 251,949 shares. The sale was reported on the form with an entry dated 09/17/2025 and executed by an attorney-in-fact.
The filing identifies Mr. Chen as an officer and shows this was a non-derivative disposition of shares. The form indicates the transaction was executed pursuant to a documented trading plan, which typically means the sale followed predetermined parameters rather than ad hoc insider trading.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, rule-based sale that does not materially change insider ownership.
From a shareholder-value perspective, the sale of 1,000 shares at $145.71 reduces Roger Chen's stake to 251,949 shares, representing a roughly 0.4% reduction of his position (based on the reported post-transaction balance). The filing explicitly states the sale was made under a 10b5-1 trading plan, indicating the trade followed pre-established instructions. Because the transaction size is modest relative to the holder's remaining position, it is unlikely to be material to GoDaddy's capitalization or to signal a change in business outlook based solely on this disclosure.
TL;DR: Procedural compliance is evident; documentation shows appropriate use of a trading plan and timely reporting.
The Form 4 shows required information: reporting person identity, relationship as Chief Operating Officer, transaction date, price, and post-transaction holdings. Notably, the filer disclosed the sale was pursuant to a 10b5-1 plan, which supports governance best practices for insider trades by specifying pre-approved execution terms. The form was signed via attorney-in-fact on 09/17/2025, satisfying signature requirements. There are no indications of amendments or other compliance issues in the provided text.